- Excelerate Energy (EE, Financial) anticipates Q1 2025 income before taxes between $52-59 million and Adjusted EBITDA of $96-101 million.
- The company holds a strong cash position of $600-620 million, excluding $175.5 million from a recent stock offering.
- Excelerate has acquired an LNG and power platform in Jamaica to expand its global presence and enhance cash flow.
Excelerate Energy (EE) has released preliminary financial estimates for Q1 2025, projecting income before taxes to range from $52-59 million and Adjusted EBITDA to be between $96-101 million. This reflects a robust performance attributed to strategic execution and fleet cost management.
As of March 31, 2025, Excelerate holds cash reserves of $600-620 million, with an additional net gain of $175.5 million from a public offering of Class A common stock on April 2, 2025. The company also retains full access to an undrawn $350 million Revolving Credit Facility, offering significant financial flexibility for future operations.
In a strategic move, Excelerate has announced the acquisition of an integrated LNG and power platform in Jamaica. This acquisition is expected to bolster Excelerate's global footprint and improve operational cash flows, aligning with the company’s objective of near-term value creation for shareholders.
